MDEV vs. WBIG ETF Comparison
Comparison of First Trust Indxx Medical Devices ETF (MDEV) to WBI Large Cap Tactical Yield Shares (WBIG)
MDEV
First Trust Indxx Medical Devices ETF
MDEV Description
First Trust Exchange-Traded Fund VI - First Trust Indxx Medical Devices ETF is an exchange traded fund launched and managed by First Trust Advisors L.P. The fund invests in the public equity markets across the globe. It invests in the stocks of companies operating in the medical devices industry that includes companies that focus on developing equipment, instruments, and machines to diagnose, monitor, and treat diseases. The fund invests in growth and value stocks of companies across diversified market capitalizations. It replicates the performance of the Indxx Global Medical Equipment Index, by using full replication technique. First Trust Exchange-Traded Fund VI - First Trust Indxx Medical Devices ETF is domiciled in the United States.
Grade (RS Rating)
Last Trade
$21.47
Average Daily Volume
508
29
WBIG
WBI Large Cap Tactical Yield Shares
WBIG Description
The investment seeks long-term capital appreciation and the potential for current income, while also seeking to protect principal during unfavorable market conditions. The fund will invest at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in the dividend-paying equity securities of large capitalization domestic and foreign companies which WBI Investments, Inc., the sub-advisor to the fund and an affiliate of Millington Securities Inc., the advisor, believes display attractive dividend payment prospects, and up to 20% of its net assets in other tactical investment opportunities.Grade (RS Rating)
Last Trade
$24.22
Average Daily Volume
2,168
44
Performance
Period | MDEV | WBIG |
---|---|---|
30 Days | -3.22% | -1.79% |
60 Days | -0.97% | -0.01% |
90 Days | 5.10% | 3.07% |
12 Months | 24.99% | 14.51% |
MDEV Overweight 26 Positions Relative to WBIG
Symbol | Grade | Weight | |
---|---|---|---|
WST | B | 2.26% | |
ISRG | B | 2.23% | |
GMED | A | 2.2% | |
DXCM | C | 2.18% | |
PEN | A | 2.16% | |
EW | D | 2.13% | |
HOLX | A | 2.12% | |
SYK | A | 2.11% | |
TFX | F | 2.1% | |
MASI | A | 2.1% | |
ZBH | C | 2.1% | |
PODD | A | 2.09% | |
BAX | F | 2.06% | |
STE | D | 2.06% | |
BIO | A | 2.06% | |
EXAS | A | 2.05% | |
ABT | A | 2.04% | |
RVTY | C | 2.03% | |
BSX | C | 2.03% | |
ALGN | F | 2.01% | |
GEHC | D | 1.96% | |
TMO | D | 1.93% | |
A | D | 1.91% | |
WAT | A | 1.9% | |
DHR | D | 1.88% | |
MTD | D | 1.86% |
MDEV Underweight 41 Positions Relative to WBIG
Symbol | Grade | Weight | |
---|---|---|---|
CHRD | F | -4.66% | |
WRB | C | -4.6% | |
T | A | -4.6% | |
PRU | B | -4.59% | |
BMY | A | -4.51% | |
TROW | A | -4.37% | |
AFL | D | -4.02% | |
NEU | D | -3.94% | |
FLTR | A | -3.69% | |
AGZD | A | -3.67% | |
FALN | C | -3.63% | |
UGI | D | -3.56% | |
FTSL | A | -3.33% | |
STIP | B | -2.65% | |
PM | A | -2.57% | |
DTE | C | -2.34% | |
BKLN | A | -1.56% | |
GILD | A | -1.39% | |
UNM | A | -1.35% | |
TSN | D | -1.32% | |
JNJ | D | -1.32% | |
VOYA | B | -1.29% | |
PEP | D | -1.29% | |
CINF | B | -1.2% | |
RGA | C | -1.19% | |
HPE | A | -1.14% | |
RTX | C | -1.14% | |
CMS | C | -1.14% | |
CI | D | -1.12% | |
SYY | D | -1.08% | |
OKE | B | -0.85% | |
V | A | -0.6% | |
MCK | C | -0.58% | |
AXP | A | -0.57% | |
AME | A | -0.55% | |
LRCX | F | -0.54% | |
PAYX | B | -0.54% | |
DHI | D | -0.51% | |
BR | C | -0.51% | |
PH | A | -0.48% | |
DFS | A | -0.47% |
MDEV: Top Represented Industries & Keywords
WBIG: Top Represented Industries & Keywords